Alcoa Inc. is closing a plant that serves the automotive industry in Auburn, Ind., laying off 43 employees.

Media reports said the plant, acquired in 2000 through Alcoa's merger with Reynolds Metals Co., had 400 people working there as late as 2005. The closing is part of Alcoa's (NYSE: AA) ongoing cost-cutting initiatives, according to the Journal Gazette in Fort Wayne, Ind.

"While this was a difficult decision made necessary by market conditions, we wanted to give our employees as much notice as possible," said Alcoa spokeswoman Lori Lecker in a statement emailed to the Pittsburgh Business Times. "We recognize how deeply this impacts them and we are working to support them through this transition process."

There are no impacts in Pittsburgh due to this move.

Paul J. Gough is digital producer at the Pittsburgh Business Times. Contact him at pgough@bizjournals.com or 412-208-3827. You can also follow him on Twitter.

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